NEK Prosperity FunD
The NEK Prosperity Fund is a project of NEK Prosper, Northeast Kingdom Community Action (NEKCA), and Northern Community Investment Corporation (NCIC). Together we created the NEK Prosperity Fund to organize and focus investment on equity and population health. The loan fund will redistribute capital to qualified entrepreneurs and non-profit organizations to grow in the Northeast Kingdom. Loan recipients will receive enhanced business support services from financial and business counselors from NEKCA.
Funds May Used For:
- Start-up Costs
- Working capital
- Leasehold Improvements
- Equipment or Supplies
- Refinance existing higher interest debt
- Funds may not be used to purchase real estate or for construction